CBOE Bitcoin USD Futures

Overnight said:
No. But thank the deity that bitcoin futures will not be corn-holed and cornered by those tinkle-tiddly twins and their precious private exchange.
More...

So then for the CME futures, let's assume the underlying price on December 18 is $16,000. What is the highest price you would be willing to bid for a CME futures contract?

.
 
m22au said:
...What is the highest price you would be willing to bid for a CME futures contract?
More...

I trade futures contracts. I do not partake in "auctions". I pay whatever price I will based upon price action, TA, and future speculation about price, in the future. That is why I trade futures. I am speculating about the future price in the future, which futuristically is now, in the past, projected into the present future past, today.
 
Overnight said:
I trade futures contracts. I do not partake in "auctions". I pay whatever price I will based upon price action, TA, and future speculation about price, in the future. That is why I trade futures. I am speculating about the future price in the future, which futuristically is now, in the past, projected into the present future past, today.
More...

Regarding your decision to buy a CME Bitcoin futures contract, does the value of the
CME CF Bitcoin Reference Rate form part of that "future speculation about price"?

.
 
m22au said:
Regarding your decision to buy a CME Bitcoin futures contract, does the value of the
CME CF Bitcoin Reference Rate form part of that "future speculation about price"?

.
More...

Could not tell you yet, since the contract is not yet open. But I cannot give you "the highest price I am willing to bid for owning a contract". My trading does not work that way.

The BRR would not affect my BTC trading decisions in an absolute sense...Just like how the latest EIA crude report would not affect my CL trades in an absolute sense.

One of the things CL has going for it over BTC is that CL is real, tangible, and has an incredibly complex infrastructure of stakeholders that vest their interests in the global economy with their product ...The world needs CL.

The world needs BTC like a hole in the head...It is currently useless as a mechanism for trading goods as compared to fiat and other physicals.
 
So I call into IB today where my account is to ask ab out the BTC futures contract. They tell me at today's pricing (when I called) it is 50% margin to hold overnight... they said $9200 cash to open a trade and $9200 to hold overnight, or 50%... The rep on the phone told me the underlying is controlling 1 coin???? I thought it was 5? and I forgot to ask,,, a $1 move on the contract up or down equals how much $$ in my account per contract I am holding..
 
John9999 said:
So I call into IB today where my account is to ask ab out the BTC futures contract. They tell me at today's pricing (when I called) it is 50% margin to hold overnight... they said $9200 cash to open a trade and $9200 to hold overnight, or 50%... The rep on the phone told me the underlying is controlling 1 coin???? I thought it was 5? and I forgot to ask,,, a $1 move on the contract up or down equals how much $$ in my account per contract I am holding..
More...

I think some confusions ...

CBOE contract size: 1 bitcoin
CME contract size : 5 bitcoins
 
I was thinking of the CME contract and what they had announced. So for now the CBOE contract trades $10 per tick which equals 10 real dollars up or down in your account. The leverage is the margin of course.

Can you please break that same math down for me on what will be the CME contract. Which I believe trades this coming Monday, December 18. Thank you very much in advance
 
You must log in or register to reply here.
Back
Top